Bill Text | History of Actions | Background | Title |
Description: Insurance agents; revise requirements for certificates of authority and penalties.
Bill Text: [Introduced]
| 1 | 01/17 (S) Referred To Insurance | |
| 2 | 02/01 (S) Died In Committee |
| Effective date | July 1, 2005 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Kirby
Code Sections: A 083-0017-0005, A 083-0017-0071, A 083-0017-0075, RP 083-0017-0043
Title: AN ACT TO AMEND SECTION 83-17-5, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT AN INSURANCE AGENT MUST OBTAIN AN AGENT'S CERTIFICATE OF AUTHORIZATION BUT NOT A CONTINUOUS CERTIFICATE OF AUTHORIZATION; TO AMEND SECTION 83-17-71, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR PENALTIES ON INSURANCE AGENTS WHO KNOWINGLY ACCEPT INSURANCE BUSINESS FROM AN INDIVIDUAL WHO IS NOT LICENSED OR APPOINTED; TO AMEND SECTION 83-17-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT AN INSURANCE PRODUCER WHO IS NOT ACTING AS AN AGENT OF AN INSURER IS NOT REQUIRED TO BECOME APPOINTED; TO REPEAL SECTION 83-17-43, MISSISSIPPI CODE OF 1972, WHICH REQUIRES ALL INSURANCE SOLICITORS TO FILE WITH THE COMMISSIONER OF INSURANCE AN APPLICATION FOR CERTIFICATE OF APPOINTMENT AS SOLICITOR; AND FOR RELATED PURPOSES.
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2005/html/History/SB/SB2816.htm